Prof. Manubhai M Shah Memorial Award for Excellence in Commerce & Business Management (MMSMA)
Prof. Manubhai M. Shah
M. Com. (Bombay) M. Sc. (Econ. & Bus. Admn.) (L.S.E., London) Diploma of Distinction (Cambridge) (Feb. 28, 1926 – Dec. 14, 2003)
Prof. Shah worked as a life-long University Educator. His contributions have played a vital role in the growth of Vallabh Vidyanagar and Sardar Patel University. He began his career as a young college lecturer and moved on to becoming College Principal; Dean, Faculty of Commerce; Head, Post Graduate Department of Commerce; Founder & Honorary Director of Post Graduate Business Management Institute and also served as the Vice Chancellor.
Prof. Manubhai M. Shah was born in Kundhela (near Vadodara), Gujarat and resided in Vallabh Vidyanagar with his family for the most of his life. He was married to Kantaben Shah and father to 3 children - Atul, Anil & Preeti.
In 1965, Prof. Shah had successfully organized All Indian Commerce Conference at Vallabh Vidyanagar. He had also served as the President of the Inter-University Council for Commerce and Management Education & Research. He was appointed as the National Lecturer by UGC. He was ahead of his time in his teachings. He believed the education should meet the needs of all types and sizes of businesses. For this reason, he had started the Charotar Management Association (CMA) with other business leaders and solicited their input to make Commerce and Business education relevant. He was the Founder Secretary and President of CMA. In addition, he had served as the Honorary Executive &/or Officer of over 100 policy making bodies at regional and national level. Many individuals, institutions, businesses and political leaders valued his counsel, worldwide. He was recognized by several international "Who's Who", Biographies and Directories.
Prof. Shah had published over 25 research reports and books, and over 300 Research and Literary Articles. He was the Guide to over 15 Ph. D. and External Referee to numerous Ph. D. and D.Lit. Scho lars throughout India. He believed strongly in the value of education and gave over 300 speeches on complex Commerce, Business and Trade subjects. He also authored a text book on Economics in the Gujarati language. Throughout his career, he had organized over 100 seminars and educational classes/workshops at national and international level.
Although Prof. Shah was known to most as an Intellectual, Educator, Lecturer, Researcher and Author; he was known to his family and co-workers as a hard working, honest man with deep rooted values and morals. His strong work ethic combined with his commitment to the community led him to participate in India's Independence Movement and other Gandhian constructive activities, including fighting for eliminating 'untouchability' and dowry and allowing widow marriages. He did not accept the Freedom.
Fighter's Award, pension and other perks on the grounds of principle. His belief system was forward in its nature, but he maintained a strong Indian identity. He sacrificed the opportunity to be a professor at the London School of Economics to continue serving the cause of commerce education in India. Upon his death his body was donated, per his wishes, to the University Hospital for Research and Education purpose.
In keeping with Prof. Shah's dedication to learning and research, we hope this Award will inspire you, and many others to follow his legacy.
From the desk of Secretary:
Indian Commerce Association is the one of the premier professional association of India, a congregation of commerce, management and economics professionals. The association was set up way back in 1947 and has evolved as a committed body making significant contributions in the field and overall economic set up. Having an enviable professional might the association has to its credit many celebrated achievements and notable contributions which have made a mark on the landscape of commerce education and profession. Continuing its societal and academic enrichment spree, ICA has initiated the process of institution of an award in the memory of one of its past luminary Late Professor Manubhai M. Shah on the pattern of S. S. Bhatnagar Award so as to recognize the contribution of Prof. M. M. Shah.
The general body of ICA in its meeting held at Pondicherry at the time of 64th All India Commerce Conference approved the Rules and Regulations of Manubhai Shah Memorial Award for Excellence in Commerce and Business Management (MMSMA). It was also resolved that award shall be instituted for an amount of Rs. 2,00,000 (Rs. Two lakhs) to be awarded with effect from 2012 each year. The award has been instituted in the memory of a life-long university educator, who adorned many academic and administrative positions of highest honor, repute and responsibility, and made matchless contributions in the field of education, commerce profession and societal growth. His association with ICA dates back to 1965 when he had successfully organized All India Commerce Conference at Vallabh Vidyanagar.
A prolific researcher, committed academician, accomplished teacher, responsible citizen, Prof. Shah never compromised with his values and morals. Other than his academic and educational feats, his unrivalled contributions for upliftment of Indian society garnered him respect globally. To salute the unflinching spirit of Prof. Shah and let his name and work be a constant motivation for present day educators and researchers, the MMSMA has been sponsored by his entrepreneurial son who himself has become an important part of ICA- Mr. Anil Shah who is based in USA as a businessman with philanthropic disposition
I take this as an opportunity to request all the heads of institutes and departments of commerce and management to forward the names of eligible candidates along with their publications the details of which can be had from our website www.icaindia.info for consideration of their case by the review and screening committee.
ICA looks forward to wide participation and entries to make this award truly distinct and unique for perpetuating the high standards of academic and professional benchmarks in the field of Business and management education which was so dear to the heart of Late Professor Manubhai M. Shah in whose memory this award has been instituted.
Preamble :
1. The Award is named as "Prof. Manubhai M. Shah Memorial Award for Excellence in Commerce & Business Management" (MMSMA).
2. The Award is to be given each year for outstanding contributions to the discipline & profession of Commerce & Business Management.
Nature of the Award :
The Award shall comprise cash prize of Rs. 2,00,000/- (Rupees two lacs) [together with a certificate and trophy], to be awarded each year for outstanding research, fundamental or applied, of creative nature in the field of Commerce & Business Management.
Eligibility :
1. Any citizen of India engaged in research in any field of Commerce & Business Management up to the age of Sixty (60) years as reckoned on 31st December of the year preceding the year of the Prize. Overseas Citizens of India (OCI) &/or Persons of Indian Origin (PIO) working in India (or in collaboration with Indian citizen/s if residing outside India) are also eligible.
2. The p er so n (s), in t h e opinion of ICA, should have made conspicuously important and outstanding contributions to human knowledge and progress in the discipline & profession of Commerce & Business Management.
3. The contributions made through work done in India during the Ten (10) years preceding the year of the grant of Award shall be considered.
4. The candidate must hold a Doctoral Degree from a recognized University established in India or abroad, considered equivalent thereto, by the Association of Indian Universities.
5. Each published research work of the nominee shall be evaluated in terms of quality of the publication as well as the journal(s) in which they have been published.
6. Each published research work(s) would be evaluated on the terms of the following criteria:
A) Originality of idea
B) Research Methodology Rigour
C) Discussion and interpretation
D) Linguistic presentation
E) Socio/Economic positive impact
Nominations :
Names of candidates may be proposed by Vice Chancellors of Indian Universities; Directors of Private Universities; Chairpersons of Institutions of National importance and Directors of the Indian Institutes of Management (IIM);
University Faculties should forward the name(s) of persons for the award working in their faculty/institutions only and route nominations through their respective Vice Chancellors, while the Faculties in IIMs are required to send their nominationsthrough their Directors.
Each nomination, as per the prescribed pro-forma, should be accompanied by a detailed statement of work and attainments of the nominee and a critical assessment report (not more than 500 words) bringing out the importance of significant research and development contributions of the nominee made during the Ten (10) years preceding the year of the Award. Nominations not made as per prescribed format are not acceptable.
Every application/ nomination shall be accompanied by a processing fee of Rs.1000/- (Non- Refundable) through demand draft drawn in favour of "Indian Commerce Association" payable. at Amritsar. The last date for application/Nomination is 31st August, 2024.
The award shall be adjudged by a six member jury comprising of people of eminence and distinction being accomplished educationists, industrial stalwarts, professionals and bureaucrats to lend an unbiased and comprehensive judgment of the eligible candidate
Notes :
A candidate once nominated would be considered for a total period of three (3) years, if age-wise eligible.
The Award of the cash prize may be withheld by ICA in any year, if, in the opinion of the Jury, no sufficiently meritorious candidate(s) is/are found suitable in that year.
In the event the Jury selects more than one person or Team(s) to receive the Award, the cash prize will be shared equally by each member of the joint team recommended for the Award.
The Recipient(s) will be responsible for all individual expenses including applicable taxes, if any.
The Award shall be presented at the time of the Annual Conference of the ICA.
In all matters of Award of "Prof. Manubhai M. Shah Memorial Award", the decision of the ICA shall be final.
Recipients of the MMSMA Award
| Sr No | Year | Recipients of the Award |
|---|---|---|
| 1 | 2019 | Dr Hardeep Chahal, Professor, Department of Commerce, Jammu University, Jammu-180004 9419192877, drhardeepchahal@gmail.com, chahalhardeep@rediffmail.com |
| 2 | 2018 | Dr. Satya Bhusan Dash, Professor of Marketing, Iswar Dayal Chair Professor for Research in Futuristic Behavioral Sciences, IIM, Lucknow, UP, India, 226013.( Mobile: 09971616700, satya@iiml.ac.in). |
| 3 | 2017 | Dr Sumeet Gupta, Associate Professor, Indian Institute of Management, Raipur Dr. Dr Gurjeet Kaur, Associate Professor, University of Jammu, Jammu |
| 4 | 2016 | Dr Madhusudan Karmakar, Professor (Finance & Accounting), Indian Institute of
Management, Lucknow Dr. Naliniprava Tripathy, Professor (Finance), Indian Institute of Management, Shillong |
| 5 | 2015 | Prof. Samir K Srivastava, Professor in Operations Management Area, IIM Lucknow Dr. Gobinda Prasad Samanta, Director and Member of Faculty at Reserve Bank Staff College (RBSC), Reserve Bank of India (RBI), Chennai |
| 6 | 2014 | Dr Banikanta Mishra, Professor of Finance, Xavier Institute of Management (Xavier University), Bhubaneswar . |
| 7 | 2013 | Prof. R. Raghvendra Kumar Sharma, Department of Industrial and Management Engineering,
Indian Institute of Technology, Kanpur, India Dr. Subhash C Kundu, Director, Haryana School of Business, Guru Jambheshwar University of Science & Technology, Hisar, (Haryana) INDIA |
| 8 | 2012 | Prof. Vipul, IIM, Lucknow
Prof. (Ms.) Parul Rishi, National Institute of Technical Teachers Training & Research, Bhopal |
Regulations Governing Prof. Manubhai M. Shah Memorial Award of Indian Commerce Association (ICA)
Preamble :
1.The Award is named as “Prof. Manubhai M. Shah Memorial Award for Excellence in Commerce & Business Management” (MMSMA).
2.The Award is to be given each year for outstanding contributions to the discipline & profession of Commerce & Business Management.
Nature of the Award
3.The Award shall comprise cash prize of Rs.2,00,000/- (Rupees two lacs) to be awarded each year for outstanding research, fundamental or applied, of creative nature in the field of Commerce & Business Management. Along with the cash prize, the Awardee will also be given a Certificate and a Trophy. The amount for the cash prize may be increased in future at the sole discretion of Mr. Anil M. Shah (Donor of the Corpus Fund/Award) and ICA.
Purpose
4. Recognition of outstanding Indian work in the discipline & profession of Commerce & Business Management.
Eligibility
5. Any citizen of India engaged in research in any field of Commerce & Business Management up to the age of Sixty (60) years as reckoned on 31 st December of the year preceding the year of the Prize. Overseas Citizens of India (OCI) &/or Persons of Indian Origin (PIO) working in India (or in collaboration with Indian citizen/s if residing outside India) are also eligible.
6.The Award is bestowed on a person(s) who, in the opinion of Indian Commerce Association (ICA) has/have made conspicuously important and outstanding contributions to human knowledge and progress in the discipline & profession of Commerce & Business Management.
7.The cash prize is awarded on the basis of contributions made through work done in India during the Ten (10) years preceding the year of the grant of Award.
8.The candidate competing for this award must hold a Doctoral Degree from a recognized University established in India or abroad considered equivalent thereto, by the Association of Indian Universities
9.Each published research work of the nominee shall be evaluated in terms of quality of the publication as well as the journal(s) in which they have been published. For this purpose the quality of the journal(s) will be ascertained on the following criteria in ascending order. i) Journals without ISSN No. ii) Journals with ISSN No. iii) Journals with ISSN No. and refereed. iv) Journals with ISSN No., refereed & indexed. v) Journals with ISSN No., refereed, indexed and having impact factor
10.Each published research work(s) would be evaluated on the terms of the following criteria:
i) Originality of idea
ii) Research Methodology Rigour
iii) Discussion and interpretation
iv) Linguistic presentation
v) Socio/Economic positive impact Each criterion carries 100 marks. Thus each published work shall be evaluated out of 500 marks following the above stated criteria.
11. Applicants competing for the award shall have to pay a processing fee of Rs.1000/- (Non Refundable) through demand draft drawn in favour of “Indian Commerce Association”
12. The Jury members shall be paid honorarium, travel expenses, if any, plus local hospitality suitable to their status for attending the meetings of the Jury not more than two times for finalization of the recipient(s) of the award of a given year.
13.The donor shall bear administrative operational expenses for the award for the first two years. Thereafter, the expenses related to the award shall be met out of the interest income of the corpus fund generated for the purpose of giving Award. However, the ICA can also bear the part expenses related to Award, if required.
Grant of Award
14.For the grant of Award in the shape of cash prize, the ICA shall be guided by the recommendations of the Advisory/Jury Committees constituted under clause 16 & 17.
Nominations
15. Names of candidates may be proposed by Vice Chancellors of Indian Universities; Directors of Private Universities; Chairpersons of Institutions of National importance and Directors of the Indian Institutes of Management (IIM); University Faculties should forward the name(s) of persons for the award working in their faculty/institutions only and route nominations through their respective Vice Chancellors, while the Faculties in IIMs are required to send their nominations through their Directors. The recipient of Prof. Manubhai M. Shah Memorial Award can send nomination of one person only for each year’s award. Nominations from other individuals sponsoring their own names or of others are not acceptable. Each nomination, as per the prescribed pro-forma, should be accompanied by a detailed statement of work and attainments of the nominee and a critical assessment report (not more than 500 words) bringing out the importance of significant research and development contributions of the nominee made during the Ten (10) years preceding the year of the Award. Nominations not made as per prescribed format are not acceptable. Page 7 of 12 A candidate once nominated would be considered for a total period of three (3) years, if age-wise eligible. Once such a nomination has been received, ICA may correspond directly with the nominator for supplementary information, if necessary. In case a nominee has resigned from his/her present position in India and has gone abroad, his/her nomination would be considered eligible as long as he/she meets all other criteria.
Advisory Committee
The Advisory Committee for each year’s Award will comprise of the Jury of the following six (6) members:
i. One representative (Chairman or President) from Confederation of Indian Industries (CII) or Federation of Indian Chambers of Commerce & Industries (FICCI) or Associated Chambers of Commerce & Industry (ASSOCHAM), on rotation basis.
ii. One Director of IIM, Ahmedabad, Calcutta, Bangalore, Lucknow, Kozikode, Indore, on rotation basis.
iii. One Judge of Honorable Supreme Court (Serving or Retired), on rotation basis
iv. One IAS officer not below the rank of Secretary, Government of India (Serving or Retired), on rotation basis.
v. One Academician not below the rank of University Professor or Director or Head of an Educational Institution having worked in similar position(s) for at least Five (5) years, on rotation basis.
vi. One Chairperson of UPSC (Serving or Retired)/Comptroller & Auditor General of India (Serving or Retired)/President of ICAI/ICWA/Institute of Companies Secretaries of India (ICSI), on rotation basis.
Notes:
(1) The recommendation of the Jury recommending the Award should preferably be unanimous, or not less than 2/3 rd of the members of the Jury present and voting. The decision of the Jury shall be final and binding of ICA
(2) IIn case the person to be nominated on the Jury is unable to be a part of the Jury for any reason, then he may recommend the nomination of a person who has held similar position in the past in the same category. The ICA may nominate such recommended persons on the Jury.
(3) The Jury shall be presided over by the Judge of the Honorable Supreme Court (appointed member of the Jury) and he/she will be responsible to confirm the decision by submitting a letter to the Secretary of ICA in a timely manner. Each Jury Member will work only for a period of one year.
Controlling & Regulatory Bodies
17. The Controlling & Regulatory Body of the Indian Commerce Association (ICA) which shall oversee all the work relating to Prof. Manubhai M. Shah Memorial Award, including the appointment of the Jury Members mentioned in Clause 16, shall comprise the following:
A) President ICA
B) Secretary ICA
C) One Past President to be nominated by the Executive Committee of the ICA
D) Two nominees of Mr. Anil M. Shah (Donor of the Corpus Fund/Award) or his legal heirs. Mr Anil M Shah or his legal heirs will continue to have the right to change his representative(s), at any time, with a written notice to the Secretary of ICA.
18.The cash prize for (MMSMA) shall be given out of the interest income of the Corpus Fund to be created by the ICA for this purpose. The sponsor/donor, Mr. Anil M. Shah, will contribute an initial endowment of Rs. 25 lacs for the MMSMA Corpus Fund. Anyone other than Mr. Anil M. Shah &/or his family members may also contribute to the MMSMA Corpus Fund. ICA will also make efforts and seek additional donations for this Corpus Fund. MMSMA Corpus Fund shall be maintained under a separate Head by the ICA. The amount for the cash prize may be increased in future at the sole discretion of Mr. Anil M. Shah (Donor of the Corpus Fund/Award) or his legal heirs.
19. The Award of the cash prize may be withheld by ICA in any year, if, in the opinion of the Jury, no sufficiently meritorious candidate(s) is/are found suitable in that year
20.In the event the Jury selects more than one person or Team(s) to receive the Award, the cash prize will be shared equally by each member of the joint team recommended for the Award.
21. The Recipient(s) will be responsible for all individual expenses including applicable taxes, if any.
22. ICA will be responsible for all expenses in respect of this Award, including advertising expenses.
23. MMSMA is to be the most prestigious award of the ICA.
24. No changes may be made to these Rules & Regulations without the written consent by Mr. Anil M. Shah (Donor of the Corpus Fund/Award) or his legal heirs.
Presentation
25. The names of the recipients are to be made public at least a month before the date of Annual Conference of the ICA in that Year. ICA website and reputed newspapers may be utilized for such announcements.
26. The Award shall be presented at the time of the Annual Conference of the ICA.
27. In all matters of Award of “Prof. Manubhai M. Shah Memorial Award”, the decision of the ICA shall be final.
Note:- This Award became operational w.e.f. the year 2012.